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Who should attend Basic Commercial Leases
This one-day seminar is designed for attorneys, accountants, CPAs, presidents, vice presidents, property managers, paralegals, real estate owners and brokers, project managers, landlords, construction professionals, engineers and real estate agents.
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Basic Commercial Leases  

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This one-day seminar is designed for attorneys, accountants, CPAs, presidents, vice presidents, property managers, paralegals, real estate owners and brokers, project managers, landlords, construction professionals, engineers and real estate agents.

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Seminar Summary:

Register today for this must-attend seminar and get surefire techniques to overcoming challenges surrounding commercial leases.  (see full course description)

 
 

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Training Course Syllabus:


Basic Commercial Leases

Overview

Protect your interests - know the ins and outs of commercial leases

The current economic environment influences all aspects of leasing transactions. Our experienced panel will discuss the current state of the California market. You will gain the practical insight you need to deal with any difficulties that come your way, including tips on lease negotiation and insurance clauses.

Walk away with information on practical strategies and solutions to tackle the critical issues that impact you. Register today for this must-attend seminar and get surefire techniques to overcoming challenges surrounding commercial leases.


Benefits for You

- Discuss assignment and subletting issues from both points of view

- Successfully navigate the critical issues in lease negotiations

- Walk through the essentials of the various types of commercial leases

- Discuss eviction considerations within a lease - should the worst happen

Who should attend?

This seminar is designed for attorneys, accountants, CPAs, presidents, vice presidents, property managers, real estate owners and brokers, landlords, construction professionals and real estate agents.

 

Agenda:

8:30 AM - 9:00 AM Registration

9:00 AM - 10:15 AM Overview

The Lease Review/Negotiation Process
 Client Relationship
 Representing a Landlord
 Representing a Tenant
 Role of Real Estate Broker With Client and Attorney
 Letter of Intent
 Lease Review With Client
 Method and Procedures for Lease Negotiation With the Other Party


10:15 AM - 10:30 AM Break

10:30 AM - 11:45 AM Operating Expenses/Common Area Maintenance Charges
 The Evolution of Leases: From Gross to Triple Net to Net
 Types of Leases: Office, Retail, Industrial Warehouse; Single Tenant vs. Multi-Tenants
 Base Rent vs. Additional Rent
 Common Area
 Definition of Operating Expenses
 Problem Areas
 Limits on Annual Increases
 Annual Increases and Reconciliation
 Audit Rights
 Assignment
 Subleasing


11:45 AM - 12:45 PM Lunch (On Your Own)

12:45 PM - 1:45 PM Damage, Condemnation, Liability and Insurance Lease Terms
 Damages and Destruction
 Condemnation
 Liability
 Insurance


1:45 PM - 2:45 PM Writing a Lease With Eviction in Mind
 What Is Rent?
 Defaults Other Than Nonpayment of Rent
 Environmental Clean-up Liabilities
 Damage to the Premises
 Eviction vs. Bankruptcy
 Guarantees
 Renewals and Extensions


2:45 PM - 3:00 PM Break

3:00 PM - 4:00 PM Work Letters and Other Lease Exhibits
 Legal Description
 Map of the Property/Premises
 Work Letter
 Subordination, Nondisturbance and Attornment Agreements (SNDAs)
 Estoppel Certificates
 Building Rules and Regulations
 Parking
 Signage Rights
 Rooftop Rights
 Other Potential Issues


4:00 PM - 4:30 PM Ethics
 

Credits

Lorman Business Center, Inc. is a State Bar of California approved MCLE sponsor and this course qualifies for 6.0 CLE hours of participatory credit, of which includes 0.50 hour of ethics credit.
 

Seminar Summary:

Register today for this must-attend seminar and get surefire techniques to overcoming challenges surrounding commercial leases.  (see full course description)

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